Pulling back the curtain on Tomorrow so that the Church can Repent today before it is too late.
Wednesday, October 1, 2008
Why is Warren Buffett buying big into GE?
During the 1923 Germany Hyperinflation Run, one way "long-sighted" investors were able to make it through the crisis was to buy common stock in "solid companies" which were devalued and hold the stocks until the "new money" had been released and the hyper-inflation ceased. These stocks weathered the storm and sustained-even prospered after the re-valuation of the currency at the end. The key to this was that they didn't touch the stocks during the crisis. They cannot be sold until after the Hyper-inflation cycle ends and the Depression Cycle begins. Maybe Warren Buffett sees something that nobody else does?
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